18 May 2020
▶️ James de Gorter addresses supply/demand in the self storage sector, with impact we're seeing from the ongoing pandemic. With employment growth at historic lows, we're seeing demand-driven softness at significant levels.
Data sourced from Radius on April 30th 2020.
Hawaii Self Storage: Limited Land, Rising Rates
Limited land, tourism, and military presence drive Hawaii's self-storage demand; rates rose 4% YoY to $3.97 per sq ft (Sept 21, 2024–Sept 21, 2025). Growth +4%.
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Sioux Falls Growth Outpaces Self Storage Demand
Sioux Falls is booming with population and construction growth but self storage supply surged in 2022–23. With little new development now, demand must catch up.
The 5 Do’s and 5 Don’ts of Running a Self Storage Facility
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Rebuild your storage business with precision: streamline operations, secure cash flow, plan for disruptions, optimize space, and strengthen tenant loyalty. Now.
Virginia Cooper